Success Story

Spinnaker Networks

  • Founded: December 1999
  • NVP Investment: $14 Million
  • Acquisition: February 18, 2004
  • Acquisition Price: $300 Million
  • Employees: 83 (at acquisition)
  • Location: Pittsburgh, PA
  • Acquired by: Network Appliance
Ron Bianchini

Ron Bianchini

President and CEO

“Norwest Venture Partners added strategic value by providing us access to strong industry contacts in the storage field and guidance on vital business decisions and financing rounds. Matt Howard and Promod Haque were both active board members. Their guidance was critical in helping us evaluate and execute significant business decisions."